Tag Archives: Individual Transferable Quota System (ITQ).

On the fish-catching side of the equation, the federal government distributes fish quotas under the so-called Individual Transferable Quota System (ITQ). It means that a licence holder is issued their own quota every season, the theory being that this avoids “The Tragedy of the Commons” — another euphemism of economists for overfishing. In fact, if the quotas are too high it is still overfishing by another name. Even economists and governments can not beat biological reality although they are experts at explaining away their mistakes. Read the rest here 15:30

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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